About 1st Mortgage Brokers

1st Mortgage Brokers are a specialist division of Mortgages Direct

Key facts about 1st Mortgage Brokers

We are an independent mortgage broker based in Hampshire. Unlike a bank or building society we are not tied to any one lender or insurance company. This enables us to find the best rates from the market as a whole.

We can only offer mortgage advice where your mortgage is at least £80,000. 
We provide telephone advice and support. Documentation may be posted or e-mailed or faxed as appropriate

We do not do 'cold calling'.

We do not visit clients at home
 

How do we operate?

Utilizing regularly updated software, we are able to source a data bank in excess of 7000 mortgage products. We are paid an introducer fee by the lender, this does not affect your mortgage offer at all. 

If your mortgage application fails, then we will receive no payment.

Although we always recommend that you think carefully about your insurance arrangements, you are not obliged to take out any insurance through us.
 

How will I benefit?

A mortgage is likely to be the largest single investment you are likely to make. For a mortgage loan of £100,000 over 25 years you may pay back well over £200,000 to the mortgage lender.

Taking advice now is likely to save you thousands of pounds over the term of a mortgage.

By entering information about your situation onto the computer including any preferences you might have, we can tailor a mortgage to suit your requirements. Our mortgage sourcing software analyses the costs incurred and sorts available mortgages according to least overall cost

Some lenders prefer to deal exclusively through authorized intermediaries, we are able to offer these mortgages to our clients. Additionally, we are able to offer 'exclusive' schemes which have been negotiated by large mortgage clearing houses.

Unlike most banks and building societies, we are independent, which means we can source the best value insurances to accompany your mortgage. 

If you don't have a solicitor, we can organize this for you.
 

How am I protected?

You do not pay us any money, at any time. Any fee payment will be payable to the lender concerned.

The mortgage contract will be between yourself and the lender

In the unlikely event that you have a complaint, then we will try to resolve this complaint internally. If we are unable to reach a solution, then you can take your complaint to the Financial Ombudsman Service. 

Our company has full professional indemnity insurance. 
 

About us

1st Mortgage Brokers are a specialist division of Mortgages Direct
Registered name: 1st Mortgage Brokers

Consumer Credit license no. 476771
Financial Services Authority registration no. 303319.